HPP Attorneys was pleased to act as Finnish counsel to Stellex Capital Management LLC, a private equity firm focused on investments in North America and Europe, on its acquisition of global gear systems specialist, David Brown Santasalo from private equity firm, N4 Partners. Financial terms of the transaction were not disclosed.
Based in Lockwood, Huddersfield, UK, David Brown Santasalo is a global business delivering engineered industrial gear systems and services, manufactured for critical industrial applications for industries including Mining & Minerals, Fibre & Paper, Power Generation, Cement, Oil & Gas, Defence and many more. The organisation has 26 locations, spanning six continents worldwide, and employs more than 1,100 people.
Founded in 2014, Stellex is a global, multi sector investment firm with offices in New York, Detroit, Pittsburgh, and London with over $2.6 billion in assets under management.